According to its official website, TWPayz is a payment services brand offering businesses in-store and online card payments, Pay by Bank and a business account on one platform. The site says it offers card terminals supporting contactless, Apple Pay and Google Pay (rental from GBP 12 a month), Shopify, WooCommerce, Magento and PrestaShop integrations and payment links by email, WhatsApp and SMS, Pay by Bank collections from 76 UK banks and a business account with a UK sort code, IBAN and 12 currencies; it says card payments are priced from 0.30% or at a flat 0.64% and payouts are made the next working day. Services to UK customers are provided by Transactworld Ltd in London (Colindale), which the site says is authorised by the FCA as an electronic money institution under the Electronic Money Regulations 2011 (FRN 900405), while customers outside the UK are served by Payment Infosys Limited, authorised by the Financial Services Commission (FSC) of Mauritius as a payment intermediary. This information is the company's own statement.
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